CEDAR RAPIDS, Iowa, Sept. 14, 2016 /PRNewswire/ -- Aegon Asset Management has appointed Gary Black to the role of President of its U.S. real estate asset management business, Aegon USA Realty Advisors, LLC ("AURA"), and named Executive Vice Presidents Scott Coté and Christoph Gabler as Co-Heads of Real Estate. Coté and Gabler will jointly lead AURA's day-to-day business operations.
"U.S. real estate assets present a significant and growing alternative investment opportunity," said Sarah Russell, Chief Executive Officer of Aegon Asset Management. "Leveraging that opportunity is a core element of our strategic vision for Aegon Asset Management. I am confident that under the direction of Gary Black, Scott Coté and Christoph Gabler, we will significantly expand our alternative investment strategies for institutional investors in the U.S. and abroad."
Black joined Aegon Asset Management US in June 2016 as chief executive officer. A 24-year veteran of asset management, Black was previously co-chief investment officer of Calamos Investments, and prior to that, chief investment officer, president and, ultimately, chief executive officer of Janus Capital Group.
Scott Coté, who joined Aegon in 1997, was formerly head of AURA's Commercial Mortgage Loan, Agriculture Loan, and Engineering groups. Christoph Gabler joined AURA in 2000. Formerly, as Head of Community Investments, he was responsible for AURA's tax credit investing operations and distribution. Coté and Gabler will jointly lead these and other business units at AURA, including real estate acquisitions, property management and special servicing operations.
"Scott and Christoph have been driving forces in the evolution of AURA's products and services during the past decade," said Black. "We look to their collective experience and complementary backgrounds in real estate investing to continue to provide strategic vision and to power further innovation in our debt, servicing, and equity products."
AURA offers institutional investors a fully integrated platform of real estate asset management and services, managed by more than 180 professionals located in cities across the United States. As a member company of Aegon Asset Management, an international asset management organization based in The Hague, The Netherlands, AURA has access to global resources. Aegon Asset Management is part of the Aegon Group, an international insurance and financial services organization. Information about AURA can be found at aegonrealty.com.
About Aegon Asset Management
Aegon Asset Management is a global, active investment manager. Aegon Asset Management uses its investment management expertise to help clients achieve a lifetime of financial security, with a focus on excellence, trust and partnership. Investors worldwide entrust Aegon Asset Management to manage approximately €343 billion on their behalf (as of June 30, 2016.)
Positioned for success in its chosen markets (North America, the UK, Continental Europe and Asia), Aegon Asset Management's specialist teams provide high-quality investment solutions across asset classes. Its clients benefit from the extensive international research capabilities and in-depth local knowledge of Aegon Asset Management, as well as Kames Capital, its UK investment team, and TKP Investments, its fiduciary and multi-manager investment team in the Netherlands.
Aegon Asset Management is part of Aegon, one of the world's leading financial services organizations, providing life insurance, pensions and asset management.
For more information: aegonassetmanagement.com.
About Aegon Asset Management US
In the United States, Aegon Asset Management group companies include Aegon USA Investment Management, LLC (AUIM) and Aegon USA Realty Advisors, LLC. (AURA), an unregistered real estate asset manager. AUIM currently is the only legal entity within the Aegon Asset Management group of companies that provides securities investment advice to unaffiliated U.S. clients.
As an international life insurance, pensions and asset management company based in The Hague, Aegon has businesses in over twenty markets in the Americas, Europe and Asia. Aegon companies employ approximately 27,500 people and serve millions of customers across the globe. For more information: aegon.com.
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SOURCE Aegon Asset Management